Organization of the Petroleum Exporting Countries Archives

Tough talks, uncertainty loom ahead of OPEC+ alliance meet

LONDON – Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in...

Big-time fuel price hike seen next week

Domestic pump prices may go up next week by as much as P2.05 per liter to reflect the ongoing volatility in world oil prices. Jetti...

Fuel prices fall by as much as P1.85/liter today

Oil players cut pump prices by as much as P1.85 per liter effective 6 a.m. Tuesday to reflect the price movement in the world...

OPEC+ weighs fresh production cuts to prop up prices

VIENNA, Austria—There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on...

OPEC+ not changing output levels

Vienna—Major oil-producing countries led by Saudi Arabia and Russia agreed Sunday to maintain their current output levels in a climate of uncertainty and ahead...

No respite from oil price hikes

DOE warns of heavy impact of OPEC production cuts by next month Consumers can expect pump prices to continue rising as a result of the...

Diesel up by hefty P6.85/liter

Gas P1.20/l, kerosene P3.50/l; oil price spike offsets 5-week rollbacks Domestic pump prices went up by as much as P6.85 per liter effective today (Tuesday)...

Oil price hike to stoke inflation

Fuel up P4/l next week, government warned of ‘dissatisfaction’ with rising prices Pump prices are expected to rise by as much as P4 per liter...

Major oil producers likely to cut output to prop up slumping prices

Vienna, Austria—Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output cut...

OPEC+ to meet amid economic downturn fears

VIENNA, Austria—Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday, with...

OPEC+ to meet amid economic downturn fears

Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday, with some...

OPEC+ has ‘means’ to deal with oil volatility — Saudi Arabia

RIYADH, Saudi Arabia—OPEC leader Saudi Arabia’s energy minister said Monday that the oil cartel and its allies have the means to deal with market...

OPEC+ has ‘means’ to deal with oil volatility: Saudi Arabia

OPEC leader Saudi Arabia's energy minister said Monday that the oil cartel and its allies have the means to deal with market challenges—including by...

Fuel rollback next week, power rate cut in August

Consumers can expect a price rollback of more than P1 per liter across all oil products next week due to the softening of global...

Tag: Organization of the Petroleum Exporting Countries

Tough talks, uncertainty loom ahead of OPEC+ alliance meet

Big-time fuel price hike seen next week

Fuel prices fall by as much as P1.85/liter today

OPEC+ weighs fresh production cuts to prop up prices

OPEC+ not changing output levels

No respite from oil price hikes

Diesel up by hefty P6.85/liter

Oil price hike to stoke inflation

Major oil producers likely to cut output to prop up slumping prices

OPEC+ to meet amid economic downturn fears

OPEC+ to meet amid economic downturn fears

OPEC+ has ‘means’ to deal with oil volatility — Saudi Arabia

OPEC+ has ‘means’ to deal with oil volatility: Saudi Arabia

Fuel rollback next week, power rate cut in August

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